Jet East Gama 401(K) Plan — Form 5500 plan (Gama Aviation (Engineering) Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Jet East Gama 401(K) Plan is a benefit plan reported by Gama Aviation (Engineering) Inc. under EIN 46-0902208 and plan number 001. The latest loaded filing year is 2023. The filing reports 746 participants and $26,726,738 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$26.7MPlan net assets, end of year$26,726,738
Participants746Covered participants reported
Assets / participant$35.8KComputed: assets ÷ participants$35,827 (computed)
Provider compensation$117K3 Schedule C provider row(s)$117,024
Plan sponsor
Gama Aviation (Engineering) Inc.
EIN
46-0902208
Plan number
001
Plan type
2
Location
Ft. Lauderdale, FL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023746H, C20241118055703NAL0000715139001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$26.7M total assets
Net assets$26.7MLiabilities$0
Money in vs. money out
Total income / additions$9.9M
Total expenses$1.3M
Benefits paid / distributions$1.2M
Contributions
Employer$1.8M
Participant$3.7M
Full reported line items

Net assets

Total assets (EOY)
$26,726,738
Total liabilities (EOY)
$0
Net assets (EOY)
$26,726,738
Net assets (BOY)
$18,162,603

Income & contributions

Employer contributions
$1,838,833
Participant contributions
$3,714,140
Total contributions
$6,207,556
Total income / additions
$9,899,259

Expenses & distributions

Benefits paid
$1,166,144
Administrative expenses
$110,403
Total expenses
$1,335,124
Net increase / (decrease)
$8,564,135

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
The Vanguard Group, Inc.SERVICE PROVIDER$61,352not reported in the loaded dataset2023
Morgan Stanley GlobalADVISOR$50,022not reported in the loaded dataset2023
Red Bank Pension Services, Inc.TPA$5,650not reported in the loaded dataset2023

Related Form 5500 pages